'You control money or money controls you': A personal finance expert who caters to millennials shares her top tips for paying down debt and stashing more cash
For those that are in debt, Lowrey advocates for a "debt attack plan." This could either be a, in which a debtor pays down their debts in order of the smallest balance to largest balance, or aapproach in which the borrower pays down their debts in order of highest interest rate to lowest.
It all depends on what motivates you personally. The important thing is that you're disciplined in your approach. where every single month you track the balances of all of your debts that you're aiming to pay down, because then you can see the progress that you've made." The emotional and psychological effects that debt have on an individual is something that Lowry likes to harp on. Mastering your way of thinking about your obligations in a proactive manner is just as important as paying down the actual balances. It's an aspect of personal finance that she thinks is crucial for staying on the right path, and an important message that tends to get left behind.on the fact that it exists," she said. "You just have to forgive yourself and move on.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Erin Foster Celebrates Her Bachelorette Party in Aspen Ahead of New Year's Eve WeddingThe entrepreneur's sister Sara Foster joined her and several other friends for the winter getaway
Baca lebih lajut »
AT&T signals that it would cut costs by restructuring management and network distribution - Business InsiderICYMI: AT&T's operation revamp will contribute to its ongoing plan to reduce unwieldy debt following the Time Warner acquisition
Baca lebih lajut »
TD Bank tops US customer satisfaction ranking - Business Insider - Business InsiderTD Bank likely stood out due to the service quality of its branches and its strong checking account offerings and digital banking services:
Baca lebih lajut »
Joseph Abboud Label Put Up for Sale by Tailored BrandsThe men’s wear retailer is reportedly negotiating with brand management firms to sell the business and license the name back for Men’s Wearhouse.
Baca lebih lajut »
'Fox & Friends' Brian Kilmeade baffled by Fox News impeachment poll - Business Insider'Fox & Friends' co-host Brian Kilmeade was baffled and 'stunned' by a Fox News poll released Sunday showing that a majority of Americans want President Donald Trump impeached and removed from office.
Baca lebih lajut »
Top new executives who help CEO KC Crosthwaite run Juul Labs - Business InsiderThese are the 23 key people at Juul Labs who are charged with navigating the company through regulatory scrutiny and federal investigations
Baca lebih lajut »